Riley Exploration Permian Balance Sheet Health
Financial Health criteria checks 2/6
Riley Exploration Permian has a total shareholder equity of $507.4M and total debt of $288.6M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are $997.9M and $490.5M respectively. Riley Exploration Permian's EBIT is $183.2M making its interest coverage ratio 5. It has cash and short-term investments of $13.3M.
Key information
56.9%
Debt to equity ratio
US$288.62m
Debt
| Interest coverage ratio | 5x |
| Cash | US$13.32m |
| Equity | US$507.41m |
| Total liabilities | US$490.47m |
| Total assets | US$997.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T7U's short term assets ($75.3M) do not cover its short term liabilities ($107.2M).
Long Term Liabilities: T7U's short term assets ($75.3M) do not cover its long term liabilities ($383.2M).
Debt to Equity History and Analysis
Debt Level: T7U's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: T7U's debt to equity ratio has increased from 47% to 56.9% over the past 5 years.
Debt Coverage: T7U's debt is well covered by operating cash flow (85.1%).
Interest Coverage: T7U's interest payments on its debt are well covered by EBIT (5x coverage).